This is Bill Roller of BR Capital with the KUIK Morning Market Report for Wednesday, May, 30 |
Markets are down this morning. |
Index |
Direction |
Change |
Units |
Last |
7:46 AM |
|
|
Dow |
Down |
(150) |
points |
12,429 |
|
|
|
S&P500 |
Down |
-1.26% |
percent |
1,316 |
|
|
|
Nasdaq Composite |
Down |
-1.37% |
percent |
2,832 |
|
|
|
30 Year Treasury |
Down |
(9.9) |
basis points |
2.74 |
|
|
|
The National Association of Realtors announced the index of pending home sales fell in April for the first time in four months. It dropped 5.5% to 95.5 from a downwardly revised 101.1 in March. |
August Gold fell $11.60, to $1,539.40 an ounce on the Comex division of the New York Merc. The Euro is down and the dollar is up. Strength in the greenback tends to pressure demand for dollar-denominated commodities such as gold. |
Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. |
http://www.marketwatch.com/story/pending-home-sales-index-declines-in-april-2012-05-30 |
http://www.marketwatch.com/story/gold-futures-extend-losses-dip-below-1540-2012-05-30?dist=markets |
For today’s Morning Market Report click to listen-> |
https://beaconrwa.com/audio/Morning-Market-Report.mp3 |
Shortlink-> |
http://wp.me/p2lo3H-mw |